The recent announcement that the economy is expected to bounce back this year to its pre-Covid level is good news. It will naturally lead many to wonder if they can re-visit their plans to sell their business and move into the next phase of their life – whatever that might be. However, at Entrepreneurs Hub, [...]
It can be a bitter pill to swallow for an entrepreneur who has worked hard to build a business they are rightly very proud of, but let’s be honest – if your business isn’t worth more in the hands of a new owner, why sell it? You will only achieve a premium price for your [...]
Let me ask you an honest question. Do you have the skills and talent within your business to take it forward in strength? We often talk about a company’s ability to grow in terms of capacity – do they have enough staff in key roles, do they need to grow their team? But what sometimes [...]
A famous quote by Bernard Arnault, Chairman and CEO of LVMH Moët Hennesey – Louis Vuitton SE says this: “What made Louis Vuitton famous was the quality. We don't do marketing; we just create products which are exceptional in their design and craftsmanship.” The implication of course is that if you focus on creating a [...]
For many business owners, the role of an M&A adviser is seen in very similar terms to an estate agent. After all, both are selling large assets on your behalf. This is a fair comparison for the way that some M&A advisers operate – although, we would argue, none of the good ones. It may [...]
If 2020 was a journey, it was a frustrating one for many businesses! The stop/start nature of successive lockdowns made planning for future growth very tricky. Into 2021 and the wider narrative has been dominated by talk of a roadmap, a more positive journey out of lockdown and back to growth and recovery. So as [...]
There is much to be said, and that has been said about the budget announcement this past week. We would be delighted to talk you through your options and its implications for selling your business. But rather than add to the reems of opinion in this blog, I wanted to take a different tack and [...]
For many very good reasons, deal making has traditionally been thought of as something that requires at least one, if not more, face-to-face meetings. In a world that is increasingly moving online, the size, sensitivity and nature of a company sale still draws the question; do you need to meet face-to-face to sell a company? [...]
I am sure you all remember the financial crisis of 2008 that became known as the ‘Credit Crunch’. Like the past year, it was a tough time for UK SMEs, and many didn’t come out the other side. Companies were still being bought and sold, but it was widely acknowledged to be a challenging time [...]
A few months ago, we posted a blog that posed “Three important questions you must be able to answer before deciding to sell your business”. There are, of course, many questions that entrepreneurs need to get to grips with before they make one of the biggest decisions of their lives. Here are three more questions, [...]
